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Chicago City Wire

Monday, November 25, 2024

Falling home prices in West Elsdon in April

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The median sale price of a home sold in April in West Elsdon, a Chicago neighborhood, fell by $12,500 while total sales decreased by 71.4 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median sale price of $227,250 - a 5.2 percent decrease from the $239,750 median sale price for the same period of the previous year. There were 14 homes sold in West Elsdon in April 2021.

The median sales tax in West Elsdon for the most recent year with available data, 2019, was $2,938, approximately 1.3 percent of the median home sale price for April.

The following table compares West Elsdon to other Chicago neighborhood with similar median sale prices in April:

NeighborhoodApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Garfield Ridge536-86.1$250,500$278,250-10
Hyde Park123-95.7$241,500$170,00042.1
Mount Greenwood326-88.5$238,000$253,500-6.1
Clearing329-89.7$231,000$261,000-11.5
West Lawn522-77.3$230,000$230,0000
West Elsdon414-71.4$227,250$239,750-5.2
Oriole Park113-92.3$227,000$312,000-27.2
Boystown4128-96.9$224,000$188,50018.8
West Englewood433-87.9$217,500$70,000210.7
Little Village627-77.8$217,250$195,00011.4
Bronzeville341-92.7$215,000$245,500-12.4

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